Kikusui Holdings Corporation (TSE:6912) announces a share repurchase program. Under the program, the company will repurchase up to 120,000 shares, representing 1.43% of its issued share capital (excluding treasury stock), for a total purchase price of ¥165.6 million. The shares will be repurchased at a price of ¥1,380 per share.

The purpose of the program is to implement flexible capital policies in response to changes in the business environment, enhance shareholder returns, improve capital efficiency and improve corporate value. As of December 31, 2023, the company had 8,391,998 issued shares (excluding treasury stock) and 1,508,002 treasury shares.